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Department
of Human Services Families
First Online Policy Manual Resources |
Revised: |
17.7 |
SALE OF REAL PROPERTY DURING THE NINE-MONTH EXEMPTION PERIOD |
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Real property, that is not homestead
property, that the AU is making a “good
faith effort” to sell, is not a countable resource if the AU signs
an agreement to repay the Families First benefits received during the period
of exemption. If the real property is
sold during the nine-month exemption period and the sale is reported in a
timely manner, a lump sum payment must be used from the sale proceeds to
repay the Families First benefits. The
caseworker must prepare and send a memo outlining the circumstances of the
overpayment to: Director of Fiscal
Services Citizen’s
The caseworker must remind the AU to submit a lump sum payment to
repay the benefits according to the terms of the signed Notice of Excess
Property and Repayment Agreement and to include his/her Families First case
number on the check or money order before sending the payment directly to
Fiscal Services at the above address. If the real property is sold during the period of exclusion and the
sale is not reported in a timely manner, treat the benefits that the AU
received during the entire period as an overpayment subject to the usual
overpayment collection procedures. |
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